Submitted by LessTalkMoreRock1 t3_yhqbqx in wallstreetbets
agilmore1080 t1_iufa1hb wrote
Reply to comment by Fantastic_Mongoose_4 in Let’s reflect on Jpows rate hikes up until now. by LessTalkMoreRock1
I'm nervous too but I think the recent rally has boxed him in. If he comes out with a dovish speech the market is going to blow its roof off and that isn't what he wants. I think that WSJ article last Friday was a test to see what would happen if they telegraphed any type of step back and the market failed.
Malhar4 t1_iuffkvo wrote
Which article are you talking about here?
agilmore1080 t1_iufn2pk wrote
The article by Nick Timiraos from 10/21 saying they were debating the size of future hikes.
llllllllhhhhhhhhh t1_iug53dk wrote
That’s a really interesting thought. It hadn’t occurred to me that the fed would bluff as a test. Underrated comment for sure
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